Intel Corporation Stock (NASDAQ: INTC) opened its trading session on Tuesday for $20.05. It now slipped from its $27.40 high in February and held relatively in the $25 range in March before reaching its five-month low. Since then, INTL has only slipped into the chart and is unable to maintain resistance levels.
Multiple crashes this year have tilted INTL to the south as they cannot recover quickly at indexes. This puts pressure on interstock performance as there are no upward mites on the horizon. Not only Intel Corporation, but the majority of tech giants are only causing losses to investors this year.
Buy Intel Stocks Now: INTL is projected to surge in double digits
Top US Equity Prediction Firm Stockanalysis will be drawing a bullish picture of Intel stocks for the next 12 months. Price forecasts suggest that INTL will hit a high of $29 over the next 12 months of 2026, potentially remaining on the greener side of the market. This is an increase of $9 per share from today, and is rewarding with price increases.
If the forecast turns out to be accurate, it will be an increase of around 45% and a return on investment (ROI). It’s a big return in a short time frame, as not all assets generate that many returns in a year. Therefore, taking a position in Intel stocks now is beneficial for traders with a one-year investment period.
“According to 24 professional analysts, Intel stock’s 12-month price target ranges from $14 to $29 high to $29.” Read the prediction. On the contrary, the forecast estimates that INTL could fall to $14 as the US market enters bearish territory. The downside threat is more surprising, so it is recommended to pay attention before you go all in with INTL.
